9 best cheap stocks to buy under $5 In usa
Image Credit : Social Media
Aenza SAA (ticker: AENZ)
Aenza is Peru's largest construction and engineering company. It also has operations in Chile and Colombia. The company is widely diversified – it operates Lima's metro line, builds tunnels and airports and has a real estate construction arm as well.
Image Credit : Social Media
Cemex SAB de CV (CX)
Cemex is a building materials company. It is primarily known for cement and is the No. 5 producer of that product worldwide. While the company is based in Mexico, it has extensive operations in the United States and internationally and derives the majority of its revenues from outside of Mexico.
Image Credit : Social Media
Rackspace Technology Inc. (RXT)
Enterprise infrastructure solutions company Rackspace is a publicly traded company again. Private equity firm Apollo took it private in 2016, but Rackspace reemerged with a 2020 initial public offering.
Image Credit : Social Media
Rackspace Technology Inc. (RXT)
Shares began trading around the $20 mark but now trade for less than $5 thanks to the sell-off in the technology industry this year.
Image Credit : Social Media
GrafTech International Ltd. (EAF)
GrafTech is a firm that manufactures graphite electrodes. The firm's primary mission is to help drive adoption of steel made in electric arc furnaces rather than blast furnaces. By swapping coal for electricity, a large portion of the steelmaking process can be decarbonized.
Image Credit : Social Media
Alto Ingredients Inc. (ALTO)
Alto Ingredients is a fascinating story of corporate evolution. Until a few years ago, it was primarily an ethanol producer that sought to turn corn into renewable energy fuels. Unfortunately, the ethanol-for-energy market has been highly cyclical and not particularly profitable over time.
Image Credit : Social Media
AvePoint Inc. (AVPT)
AvePoint is a software company which helps enterprises manage their installations and data in the Microsoft Corp. (MSFT) cloud ecosystem. AvePoint is vital to Fortune 500 companies looking to monitor and safeguard their data across Office, Teams, Azure and other Microsoft platforms within one place.
Image Credit : Social Media
Grupo Aval Acciones y Valores SA (AVAL)
Grupo Aval is one of Colombia's three large banking and financial groups. The industry is attractive due to limited competition; these three firms make up nearly 70% of the country's banking assets. This keeps profit margins robust.
Image Credit : Social Media
Ambev SA (ABEV)
Ambev is the Latin American operating division of global beer giant Anheuser-Busch Inbev SA (BUD). Ambev's primary business involves manufacturing and distributing its parent's brands in Brazil, Argentina and other South American countries. This has traditionally been a decent business.
Image Credit : Social Media
Matterport Inc. (MTTR)
Matterport is another busted SPAC. Shares hit $30 at one point, but are now trading around the $4 mark. Investors shouldn't conclude that the company is a lost cause, however. The company is modernizing real estate by allowing realtors and landlords to create 3D virtual representations of buildings.
Image Credit : Social Media